Portfolio Advisor 2 - Erie, PA

First National Bank; Hermitage (Mercer County); On-site; USD 85,000 - 120,000; Full time

Job summary

First National Bank in Erie, PA seeks a Portfolio Advisor 2 to manage and grow a high-net-worth client portfolio. You will work with wealth advisors to define investment objectives and policies while expanding the book of business and maintaining regulatory compliance.

The role requires strong communication, project management, and financial knowledge across trusts, IRAs, pensions and endowments. Bachelor’s degree and minimum 3 years’ experience are required.

Qualifications

• Bachelor's degree required (BA/BS).
• Minimum 3 years of related experience.
• CFA preferred; Series 65 license within 60 days of hire.
• Strong knowledge of trusts, IRAs, pensions and endowments.

Responsibilities

• Manage and expand a portfolio of high-net-worth clients in line with policy statements and objectives.
• Coordinate with wealth management team to define client risk tolerances and investment objectives.
• Identify cross-sell opportunities and attract new wealth clients to the bank.
• Apply portfolio management knowledge across trusts, IRAs, endowments and pensions.
• Complete required regulatory and corporate training in a timely manner.
• Perform other duties as assigned.

Skills

Project management

Communication

Organizational & analytical skills

Customer service

Computer proficiency

MS Word

MS Excel

MS PowerPoint

MBA/CFA progress

Foundations & endowments, IRAs, PTs &

Education

BA or BS

Tools

MS Office

Job description

Primary Office Location: 711 State Street. Erie, Pennsylvania. 16501.

Position Title: Portfolio Advisor 2

Business Unit: WM - FNTC

Reports to: Senior Portfolio Advisor

Position Overview

This position is primarily responsible for managing and expanding an assigned group of high-net-worth investment portfolios for individual and institutional clients (Revocable Trusts, Irrevocable Trusts, Agency Accounts, Individual Retirement Accounts, Pension Plans, Foundations and Endowments).

Primary Responsibilities

• Manages a group of high-net-worth investment portfolios for individuals and institutions according to the corporation's investment policies and procedures. Defines each client's service expectations and strives to exceed those expectations.
• Coordinates with the appropriate wealth management team members to develop an investment policy statement defining client risk tolerances and investment objectives. Initiates changes to investment portfolios to coincide with changes in client objectives or corporate asset allocation or tactical recommendations.
• Expands the book of business by identifying opportunities within the assigned group of accounts. Works with Client Advisors, Wealth Advisors and centers of influence (internal and external) to attract new wealth clients to the corporation. Identifies cross-sell opportunities where appropriate to solve client's various financial needs.
• Applies a working knowledge of portfolio management, revocable trusts, irrevocable trusts, pensions, individual retirement accounts, foundations and endowments, equity and fixed income markets, economics, asset allocation and trading.
• Completes all required corporate training in a timely manner. Completes compliance and required regulatory requirements associated with the assigned book of business in a timely manner.
• Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position

BA or BS

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position

3

Skills Required to Perform the Primary Responsibilities of this Position

• Excellent project management skills
• Excellent communication skills, both written and verbal
• Excellent organizational, analytical and interpersonal skills
• Excellent customer service skills
• Ability to use a personal computer and job-related software
• MS Word - Basic Level
• MS Excel - Intermediate Level
• MS PowerPoint - Basic Level
• Progress towards an MBA or CFA
• Working knowledge of foundations and endowments, individual retirement accounts, pension plans and income and capital gains tax

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position

CFA preferred. Obtain a series 65 License within 60 days of hire.

Physical Requirements or Work Conditions Beyond Traditional Office Work

Frequent driving (car, van, truck)

Equal Employment Opportunity (EEO)

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.